Markets Broker Review (2023)

Founded
2018
Avoid Reason
No License. Offshore Broker.

Is Markets Broker a scam or legit broker?

According to our research, behind the company location stands an offshore zone, which offers plenty of tax benefits for the incorporated companies, therefore many of forex brokerages that for some reasons decided to skip serious registration and perform services from an offshore location.

It does not mean that surely, Master Broker is 100% a scam or fraud, however, there is a significant risk while trading with non-licensed broker, due to the nature of the financial trading itself.

About Markets Broker
🗺️ Registered in Vanuatu
🗺️ Type of License Offshore License
🛡️ Is Markets Broker safe to trade No
🗺️ Recommended Licenses FCA in UK 🇬🇧 & ASIC in Australia 🇦🇺
🖥 Alternative Broker FP Markets - licensed by ASIC in Australia

Master Broker is a trading name owned and operated by Safe Trade Ltd, a company with its registered offices in Vanuatu.

The broker offers advanced trading conditions, with a wide offering to world traders and including a vast of trading instruments and allowed styles.

Therefore, we strongly advise to incorporate and invest only with regulated brokers that comply with international standards of service performance, proved their reliability and sustainability, as well as constantly overseen by the specified authority.

Customers are always protected by the compliance to the licensing alike ASIC (Australia) or other authorities, thus customers can trade with a clear state of mind in case of the company insolvency.

Since, Markets Broker establishes its office it Vanuatu, which requires only 2,000$ initial capital to start a business, the compliance, reliability, and trust in such an investment occur its logical answer.

Moreover, Markets Broker claims to protect clients by the strictest regulatory measures and tighter security, which is not a fact at all.

Also, there was a statement on their website about company ownership which allegedly registered in the UK, which was also faulted information.

Conclusion

So, the conclusion reaches its state, we would recommend choosing another broker for the successful trading and further development of the activity, rather than involving yourself in potentially high risk.

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